One of the most receptive markets for cryptocurrency could be that for content creators, most of whom are self-employed and looking for fast and reliable ways to get paid. That’s what BBTV Holdings Inc. figures, and on Wednesday the video platform launched Pay to Crypto to send payments to marketers on …
Read More »82% of SMBs Anticipate Accepting Digital Payment and other Digital Transactions News briefs from 1/12/22
Visa Inc.’s Back to Business study found 82% of small businesses plan to accept some form of digital payment in 2022, with 24% saying they plan to accept digital currencies like Bitcoin. The study canvassed 2,250 small-business owners and employees in nine countries, including the United States.Payments provider Lightspeed Commerce Inc. said its merchants …
Read More »Improved Order Accuracy And More Upsells Drove Checkers To Install Automated Voice Ordering
Having committed to rolling out automated voice ordering in drive-thru lanes at its corporate-owned restaurants, Checkers Drive-in Restaurants Inc. expects the new technology will improve order accuracy and significantly increase ticket sizes through more efficient upselling practices. Checkers’ commitment to automated voice ordering, which it announced Monday, comes at a time …
Read More »Cash Still Looms Large for Merchants. Brink’s Is Signing Processors to Tackle the Issue
Lost in much of the conversation about digital payments, particularly since the onset of the pandemic, is what to do about the cash merchants take in. The Brink’s Co., which has been hauling and securing cash since 1859, says it has an answer, and on Tuesday it announced it also …
Read More »Restaurant Chain Checkers Rolls Out an AI-based Voice Ordering System
As part of its drive to increase operating efficiency, Checkers Drive-In Restaurants Inc. is rolling out an artificial intelligence-based voice-automated ordering system. The system will enable consumers to place orders at the drive-thru lane of corporate-owned Checkers and Rally’s restaurants without the assistance of a restaurant employee. Checkers, which specializes …
Read More »Prepaid Card Volume Forecast and other Digital Transactions News briefs from 1/10/22
Transactions on prepaid cards worldwide reached $2.3 trillion last year and will exceed $4.1 trillion in 2026, according to Juniper Research. Over the same time span, fee revenue will grow from $22 billion to $32 billion.Payments fintech AppTech Payments Corp. said it closed on a $15-million public offering and announced its listing on the …
Read More »U.S. Bank’s Real-Time Bill Payment for Consumers Coming and other Digital Transactions News briefs from 1/7/22
U.S. Bank said it will launch in the first quarter a real-time payments component to its bill service. It will use the Request for Payment tool that is part of The Clearing House Payments Co. LLC’s Real Time Payments service. The same service launched for U.S. Bank business customers in November.Cloud-software …
Read More »PayFacto Strengthens Its Hand in Restaurant POS With an Acquisition of Online Ordering App iShop
PayFacto Inc., a payment solutions provider specializing in the hospitality industry, announced Thursday the acquisition of iShop, a technology provider for restaurants. The deal, for which terms were not disclosed, gives Montreal-based PayFacto an in-house online-ordering solution, something the company found was missing in its technology stack. As a result, …
Read More »Eye on Crypto: CSI Ushers Community Banks Into Bitcoin; MoneyGram Invests in Coinme
Dismissed until recently by many in the payments industry as a fantasy, cryptocurrency as a payments medium continues to step toward center stage. Early Thursday, transaction processor Computer Services Inc. said it will work with NYDIG to help community banks support their customers who want to buy, sell, or hold …
Read More »VeriCheck Acquires Applied Payments and other Digital Transactions News briefs from 1/6/22
Fintech VeriCheck Inc. announced it has acquired Applied Payments LLC, which does business as ACHWorks, a payment-services provider specializing in automated clearing house transactions. Terms were not announced.Buy now, pay later provider Afterpay Ltd. said in-store shopping from its customers soared 384% year-over-year for the Oct. 1 to Dec. 27 period. Afterpay, available in …
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